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CM
02-03
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Regarding Vitalik's token sale, here are a few additional points that most people may not know. Vitalik publicly stated this on January 30th, indicating that EF would enter a "tightening period," meaning a reduced budget, but continuing to ensure key upgrades such as zkEVM and quantum resistance. Simply put, it's about streamlining without slowing down. Vitalik would also be taking over some EF projects, hence his personal allocation of 16,384 ETH. The ETH sold this time, is a part of that. Essentially, this is to alleviate pressure on EF. EF's future goal will be focused on core technology delivery and the Ethereum roadmap. Projects outside the "core" will be handled by Vitalik, such as those he mentioned involving privacy tools and biotechnology. Therefore, news of token sales may continue in the future, but if you look at the numbers, this money was likely already planned for EF's expenditures; it wasn't a "dev sell." 😂

Lookonchain
@lookonchain
02-03
vitalik.eth(@VitalikButerin) continues to sell $ETH, having sold 493 $ETH($1.16M) in the past 8 hours. https://intel.arkm.com/explorer/entity/vitalik-buterin… https://x.com/lookonchain/status/2018376445790453927…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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